UNCDF launches Renewable Energy Challenge Fund – Clean Cooking Window

On 21st March, the Embassy of Sweden in Uganda and United Nations Capital Development Fund launched the Renewable Energy Challenge Fund (RECF) – Clean Cooking Window.

This funding window challenges companies to put forth ideas that can lead to a step – change in the adoption of clean cooking solutions in Uganda, and have a positive impact on women and youth employment.

The goal of RECF is to increase access to renewable, efficient energy for domestic, productive and social uses among underserved poor households, especially in rural areas. By end of 2020, RECF aims to support 150,000 low-income customers transition to renewable energy. The RECF is managed by the United Nations Capital Development Fund (UNCDF) and funded by the Embassy of Sweden in Uganda.

The RECF is seeking ideas that can lead to a step-change in the adoption of clean cooking solutions in Uganda and have the potential to transform the market.

Is your company active in the clean cooking sector in Uganda?

Is your company currently working on an innovative business idea that can hit the ground running in September 2017, and start generating new sales by Q1 2018?

Is your company willing to invest its own money to make this idea happen but is in need of a co-investor to reduce its risk exposure?